This is an outstanding, MUST-READ, article from the FT. Check it out!
This article, written by the FT”s bureau chief in Spain, Tobias Buck, tells the story from the perspective of a number of Spain’s young people. I found the individual stories sad and moving.
As I read the article at home in Cyprus, my mind drifted to the millions of millennials, across Europe, who are facing a similar risk of being written off as the Lost Generation.
In my view, all millennials, across Europe, are at risk, unless they are from wealthy or privileged families. Obviously, there is less risk in more prosperous countries, like Germany, but there is still a serious risk. International mobility of labour will eventually create a crisis, even in the most prosperous countries.
In recent years, European policy-makers have been responsible for excessive austerity and now they are worried about their political futures as Europe’s citizens cast their votes.
Let me turn this to an open question:
What are the three most important policy initiatives to redress Europe’s millennials being remembered as the Lost Generation?
Any thoughts?
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